The launch should help speed up Canada’s digital payments transformation, which has fallen behind other countries
Walmart is bringing more of its financial services in-house—but Capital One may not sweat the loss, either
A2A payments adoption is more mature in the UK than in the US, making it a better market to launch the product
It’s going all-in on AI to protect consumers from an expected $13.73 billion in card payment fraud this year
Many BNPL firms already offer the consumer rights the CFPB wants to enforce, but the rule will have broad implications for BNPL and other fintechs
Regulators are considering halving the proposed new requirements after reviewing public comments.
It also includes features to minimize checkout friction as Google Pay tries to streamline the experience
The regulator wants to improve cost transparency, setting up another regulatory battle for the networks
As banks retreat from commercial real estate exposure, opportunistic financial firms are buying up their loans—banking on the industry’s turnaround.
Middleware providers are adjusting their scope and services to meet a narrowing demand as the industry reacts.
As consumers made more payments than ever in 2023, new trends are emerging
The court’s decision will also likely help the agency as it ramps up other regulatory efforts in areas like open banking and AI